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Sinochem Yunlong's 600,000-ton annual production capacity continuation project at the Nozaishao Mine has been officially launched recently.
Sinofert (00297) will rely on the project to develop the phosphate rock industry.
It is understood that Muzuishao Mine has a large number of high-quality phosphate resources and is a "National Pilot Unit for Green Mines" awarded by the Ministry of Land and Resources.
The 600,000-ton/year continuation project adopted a national public bidding method and introduced construction Fang Kailin Group and supervisor Wenzhou Tongye for construction.
It is worth mentioning that for the first time, the project introduced the world's leading Atlas Copco underground internal combustion scraper and other modern advanced equipment.
The equipment invested in the project reached more than 50 million yuan.
It will be intelligent through mechanized and automated production.
, Digital mines, so as to realize the transformation of mine production from labor-intensive to technology-intensive.
In fact, Sinochem Yunlong is a company that Sinochem Fertilizer acquired 100% of its shares.
Sinochem Fertilizer acquired the original Xundian Longman Phosphorus Chemical Co.
, Ltd.
in 2012 for a total consideration of 1.
38 billion yuan, which was later renamed "Sinochem Yunlong".
Sinochem Yunlong is located in Jinsuo Industrial Park, Xundian County, Kunming City, Yunnan Province.
It is a comprehensive enterprise integrating mining, beneficiation, phosphate production and sales.
At present, the company is the only domestic company that can produce 300,000 tons/year of feed grade monocalcium phosphate/dihydrogen phosphate that meets international standards.
This project is helping the company achieve its annual production capacity of 600,000 tons.
Yang Hongwei, deputy general manager of Sinofert, expressed the hope that the project can help realize the leapfrog development of Sinofert and Sinochem Yunlong.
In addition, Sinofert (00297) recently issued a profit warning, expecting that the group's interim results for the six months ended June 30, 2016 will suffer losses, which is a decline compared to last year's interim results.
The main reason is that the decline in the prices of agricultural products has led to a decline in domestic fertilizer market demand and an increase in the contradiction between supply and demand, which has affected the continued decline in the price of the group's fertilizer products.
Sinofert (00297) will rely on the project to develop the phosphate rock industry.
It is understood that Muzuishao Mine has a large number of high-quality phosphate resources and is a "National Pilot Unit for Green Mines" awarded by the Ministry of Land and Resources.
The 600,000-ton/year continuation project adopted a national public bidding method and introduced construction Fang Kailin Group and supervisor Wenzhou Tongye for construction.
It is worth mentioning that for the first time, the project introduced the world's leading Atlas Copco underground internal combustion scraper and other modern advanced equipment.
The equipment invested in the project reached more than 50 million yuan.
It will be intelligent through mechanized and automated production.
, Digital mines, so as to realize the transformation of mine production from labor-intensive to technology-intensive.
In fact, Sinochem Yunlong is a company that Sinochem Fertilizer acquired 100% of its shares.
Sinochem Fertilizer acquired the original Xundian Longman Phosphorus Chemical Co.
, Ltd.
in 2012 for a total consideration of 1.
38 billion yuan, which was later renamed "Sinochem Yunlong".
Sinochem Yunlong is located in Jinsuo Industrial Park, Xundian County, Kunming City, Yunnan Province.
It is a comprehensive enterprise integrating mining, beneficiation, phosphate production and sales.
At present, the company is the only domestic company that can produce 300,000 tons/year of feed grade monocalcium phosphate/dihydrogen phosphate that meets international standards.
This project is helping the company achieve its annual production capacity of 600,000 tons.
Yang Hongwei, deputy general manager of Sinofert, expressed the hope that the project can help realize the leapfrog development of Sinofert and Sinochem Yunlong.
In addition, Sinofert (00297) recently issued a profit warning, expecting that the group's interim results for the six months ended June 30, 2016 will suffer losses, which is a decline compared to last year's interim results.
The main reason is that the decline in the prices of agricultural products has led to a decline in domestic fertilizer market demand and an increase in the contradiction between supply and demand, which has affected the continued decline in the price of the group's fertilizer products.
